If you're looking for a semi-numismatic play for 2013, look no further. Buying the 2013 Chinese Panda coin while silver prices remain low is a great strategy for people who are interested in these premium coins. The reason the Chinese Panda is such an amazing semi-numismatic coin is because every year a new design gets released. The moment that happens, all the coins that have previously been released instantly become more rare and collectable. To illustrate my point, please take a quick look at the APMEX page for Chinese Pandas and look back at what the previous designs are selling for. As you can see, all of the previous years have an added semi-numismatic premium which grows as the years march forward. This is the main reason why investors go absolutely NUTS over these coins, not to mention how the Chinese Mint has increased Panda production 1233% in less than two years. In 2010, annual mintage figures were a mere 600,000 only to skyrocket to 6 million in 2011. The Mint is currently projecting the 2013 mintage to match 2012 at 8 million coins annually produced. All the Mint is doing is keeping up with the absolutely exploding investor demand in China and Hong Kong at the moment for physical gold and silver.
Friday, January 4, 2013
2013 Silver Chinese Panda - Mintage, Best Price, Where To Buy
Up close and personal: Inspecting 1 oz, 999 Fine Silver Coin, 2013 Chinese Panda.
Silver Prices in the Event of a Comex Default
By Dr. Jeffrey Lewis January 4, 2013
If and when the Comex silver market implodes, so should the paper market for silver. Nevertheless, can this happen and will it happen?
Also, if a Comex default does occur, what are the likely scenarios and aftermath that will impact silver traders and the price of silver? The following sections explore the increasingly likely possibility of a Comex default in further detail.
Inability to Deliver Physical Silver
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
If and when the Comex silver market implodes, so should the paper market for silver. Nevertheless, can this happen and will it happen?
Also, if a Comex default does occur, what are the likely scenarios and aftermath that will impact silver traders and the price of silver? The following sections explore the increasingly likely possibility of a Comex default in further detail.
Inability to Deliver Physical Silver
Perhaps the most likely scenario of a Comex “default” would involve the inability to deliver physical silver into its futures contracts due to a pronounced and protracted physical metal shortage.
In this case, those holding paper certificates instead of actual physical silver will probably be settled at the cash value of their position once the physical delivery problem finally comes to a head.
At this point, trading in silver futures on the Comex will probably also be halted temporarily while the market figures out the real price of physical silver.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Robert Kiyosaki : The Richest people are Entrepreneurs
Robert Kiyosaki :" In the Information Age, the richest people are entrepreneurs. We may not ever become a king or a queen but we can all be entrepreneurs. " - Robert Kiyosaki Quote via twitter
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
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